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IRS Increases Withholding Requirements for Poker Tournaments

According to an IRS Bulletin, beginning March 4, 2008 the IRS will require tournament directors to withhold taxes from poker tournament winners who win in excess of $5000. It requires this withholding at the third-lowest tax rate which ... full story
by Video Poker @ Mon, 17 Sep 2007 19:12:27 -0500

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